Dallas, Texas prices: $1,431,000 in 1975 $8,474,344.91 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($1,431,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $7,043,344.91 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $1,431,000 in Dallas in the year 1975 would cost $8,474,344.91 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation in Dallas was higher.

In the year 1975: Pricing changed by 9.24%, which is significantly above the average yearly change in Dallas during the 1975-2024 time period. Compared to inflation for all items in 1975 (9.14%), inflation in Dallas was higher.

Price Inflation in Dallas-Fort Worth, Texas since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (16.95%), 1979 (12.42%), and 1981 (11.74%).

View price changes for other categories
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Buying power of $1,431,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,431,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,431,000.009.24%
1976$1,518,267.706.10%
1977$1,630,027.427.36%
1978$1,757,481.067.82%
1979$1,975,769.1912.42%
1980$2,310,572.7816.95%
1981$2,581,887.3411.74%
1982$2,737,875.376.04%
1983$2,837,983.553.66%
1984$2,971,381.854.70%
1985$3,082,666.003.75%
1986$3,136,643.571.75%
1987$3,214,875.372.49%
1988$3,308,325.522.91%
1989$3,407,244.772.99%
1990$3,561,330.514.52%
1991$3,728,018.944.68%
1992$3,818,377.872.42%
1993$3,913,968.102.50%
1994$4,024,538.882.83%
1995$4,129,402.792.61%
1996$4,242,351.452.74%
1997$4,317,967.601.78%
1998$4,379,078.761.42%
1999$4,502,727.822.82%
2000$4,692,005.984.20%
2001$4,857,505.483.53%
2002$4,923,610.171.36%
2003$5,027,285.142.11%
2004$5,094,340.981.33%
2005$5,258,889.333.23%
2006$5,422,962.113.12%
2007$5,504,394.531.50%
2008$5,756,239.114.58%
2009$5,718,274.10-0.66%
2010$5,751,930.420.59%
2011$5,926,118.643.03%
2012$6,050,471.552.10%
2013$6,160,233.861.81%
2014$6,233,372.271.19%
2015$6,202,222.22-0.50%
2016$6,289,204.581.40%
2017$6,449,482.282.55%
2018$6,639,278.822.94%
2019$6,778,674.112.10%
2020$6,820,705.270.62%
2021$7,164,031.145.03%
2022$7,796,282.038.83%
2023$8,207,015.655.27%
2024$8,474,344.913.26%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1975 * 1975 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 50.150 in the year 1975 and 296.987 in 2024:

296.987 / 50.150 * $1,431,000 = $8,474,344.91

Therefore, according to U.S. Bureau of Labor Statistics, $1,431,000 in 1975 has the same "purchasing power" as $8,474,344.91 in 2024 (in the CPI category of Dallas-Fort Worth, Texas).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dallas-Fort Worth, Texas in 1963. In addition to Dallas, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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